48 East 18 Street
Flatiron District, Manhattan
Parcel ID (BBL): 1008460041
Owner: Bijan Nassi
Debt: June 20, 2023, $23.4 million
Built: 1900
Renovated: 1987
SF: 33,638
Dwelling units: 37
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 9
HPD Ownership Registration Information
Last registered: 2024-11-19 (expires 2025-09-01)
Park Avenue South, Llc
Corporate Owner
60 EAST 11 STREET New York, NY, 10003
Park Avenue South Llc
Agent
60 EAST 11 STREET New York, NY, 10003
Tommy Persaud
Site Manager
Transactions:
• Bijan Nassi borrowed $23.4 million from Northeast Bank for 220 Park Avenue South, 613 West 140th Street, 2006 Amsterdam Avenue, and 572 West 141st Street, Flatiron District, Manhattan on June 20, 2023.
• Northeast Bank on May 13, 2021 bought a loan with an original principal of $16.3 million from Sterling National Bank, secured by 220 Park Avenue South, Flatiron, Manhattan, when owned by Bijan Nassi.
Development:
• Bijan Nassi filed plans for alteration in Flatiron District, Manhattan, on November 13, 2025.
• Bijan Nassi filed plans for alteration in Flatiron District, Manhattan, on April 03, 2025.
• Rene Nunez filed plans for alteration in Flatiron District, Manhattan, on March 31, 2023.
• Narinder Kaur filed plans for alteration in Flatiron District, Manhattan, on January 24, 2018.
• Gino Gallco filed plans for A3 in Flatiron District, Manhattan, on September 17, 2003.
Violations:
According to city public data, the properties have received three DOB violations, $56,250 in ECB penalties, one housing violation, and $69,300 in OATH penalties in the last year.